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SEC EDGAR · Form D
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Other  · May 18, 2026  · 06b

JS VENTURE FUND LLC SERIES A27

Offering
$10.6M
Analysis

This is a Series A27 vintage within a continuation structure, indicating Maggio has been raising incremental tranches under the same umbrella rather than closing discrete fund vintages—a pattern that typically reflects either an evergreen model or an LP base that funds on rolling commitments rather than hard closes.

The absence of prior EDGAR filings for Maggio combined with a single-GP structure and reliance on the 06b exemption signals an emerging or newly-formalized manager operating from a pre-existing relationship base, likely without institutional infrastructure or a track record of prior institutional raises on public record.

An May 2026 amendment filing in a venture context coincides with post-correction valuations and renewed LP appetite for smaller, emerging-manager allocations after 2024-2025 denominator effects—though the $11M target and lack of manager history suggest this may be capitalizing on a specific cohort's deployment mandate rather than broad market momentum.

Before committing, verify whether Maggio operates under a management company with prior exit history or entity filings under different legal names, confirm the definition of 'series' within the operating agreement (whether A27 indicates 26 prior funded tranches or is a designation artifact), and establish whether key-man language ties fund operations or fee terms to Maggio's individual involvement.

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DAMIAN MAGGIO
SEC EDGAR →
0002061966-26-000004